OR WAIT null SECS
American based Avantor Performance Materials will acquire polish performance materials supplier POCH S.A.
American based Avantor Performance Materials will acquire Polish performance materials supplier POCH S.A.
“The transaction is part of Avantor’s strategy to strengthen its presence in the global market by growing both organically and through acquisition, expanding into new markets and geographies,” said Avantor President and Chief Executive Officer Jean-Marc Gilson. “POCH fits this strategy because of its established and expansive manufacturing presence and distribution channel in Poland and Eastern Europe.”
Avantor Performance Materials, formerly Mallinckrodt Baker, manufactures and markets high-performance chemistries and materials around the world. Avantor products are used in a wide range of industries including biotechnology and pharmaceutical production; electronics and photovoltaic manufacturing; as well as in research, academic and quality control laboratories.
“This acquisition will allow for synergies in market and production know-how and enrichment of the combined product portfolio, significantly increasing the level of expertise dedicated to various industry sectors,” said POCH chief executive officer Jarosław Bieszczad. “It will also enhance the competitive standing of POCH, enabling us to offer the high-quality Avantor product lines to our customers, while also giving us new markets for our products through the global Avantor organization.”
Based in Poland, POCH manufactures products designed for use in classic and instrumental analysis, filtration and microbiology. The company also manufactures solvents for liquid and gas chromatography and spectroscopy as well as anhydrous solvents, and sells laboratory equipment and laboratory glass. Its markets include pharmaceuticals; food and feed; chemical and petrochemical; environmental protection and research and analytical chemistry.